Consumer confidence soars, or may be NOT?

“Sentiment reading increased to 54.1 in August, well above economists’ expectations.” reports CNNMoney.com.

That percentage number was based on a research survey mailed to 5,000 households?

That may sound rather peculiar and possibly stupidly unreliable. That’s, how did they determine which household to mail the survey to, okay, I’m sure they did it randomly, but how did they determine which household has lost income or not, due to a job loss?

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3 thoughts on “Consumer confidence soars, or may be NOT?

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